Monday, June 23, 2014

Nifty Intraday Update-III


39 comments:

Ilango said...

For intraday,

Weakness returns below key retrace of the current rise from "7453 - XXXX"

ITradeForProfit Daily said...

XXXX = 7472 as of now

80%=7456.8

J.R.Julius said...

@Sujatha,
Check your mail whn u free. Hope u r busy.
Added-- with my own responsibility at right place now risk@c2c.
Its happy to lead with lagging data while not lag with lead data. lolz ;) :P :P :P

Sonu said...

This must be heartbreaking for bulls. 21lac OI addition intraday in 7500CE
http://www.niftytrader.in/nifty-live-change-in-oi/

Sonu said...

@Prabhanshu Sir and Shriram Sir,

Another bear flag in 2 min chart? or is it a -WW?

Bharat Kumar said...

@ Sonu - lol... but price not breaking down either :-P

marina s rao said...

Day Low : 7534.80 Day High : 7445.25 Range : 89 Points Day Pivot : 7523 Hr. Pivot : 7460

NS below HKPC ( Hepta Kilo Penta Cent).

Currently well below Day Pivot @ 7523.

NS hovering around 7470.

NS in BOD mode in Hr. T/F & SAH mode in Day T/F.

SAH mode gets negated above 7487.

Hourly Targets 7480, 7496.

Weakness returns below Hr. Pivot @ 7460.

Strength continues above Hr. Lema @ 7466 Hr Ema @ 7480.

BOD = Buy On Dips

SAH = Sell And Hold.

Prabhanshu Raman said...

Another bear flag in making in 5 min nifty spot. Break below 7445, t1 7425 t2 7393 sl at 7456 after break down

Earlier bear flag's 1st tgt was done at 7445.

Ilango said...

Prices are stagnating near "50%-61.8% of last fall from 7502 to 7445 at 7474-80".

Sonu said...

@Bharat Kumar
Nifty makes big moves post 2:30-3:00 pm nowadays. Let's see...
Not sure of the big move today since expiry is near, it is already OS and some bounce is likely.

Prabhanshu Raman said...

Sonu , both. Very small -ww bd below 7470.60 (done), y1 7463.5 t2 7452

shriram said...

--> back

Decepticon rise, time for a test of St. WkEMA , maybe

Ilango said...

For intraday, Now,

Weakness returns below key retrace of the current rise from "7459 - XXXX"

ITradeForProfit Daily said...

PS : calculated rise from 7453 as per earlier observation by Master.

Prabhanshu Raman said...

2 times 80% saved 7458

SKS said...

7458 gone with clark gable??

Ilango said...

3.00PM TT & Chart updated.

Bharat Kumar said...

Extreme reluctance to fall! :-P

Ilango said...

Last fall from 7480 being retraced swiftly...

Sonu said...

Market trying to close above DLEMA?

Aly said...

Dear Sir,

For 7445-7480-7441 to be part of irregular, what is the maximum that 'c' from 7441 can do?

marina s rao said...

Day Low : 7441.60 Day High : 7534.80 Range : 93 Points Day Pivot : 7523 Hr. Pivot : 7458

NS below HKPC ( Hepta Kilo Penta Cent).

Currently well below Day Pivot @ 7523.

NS hovering around 7480.

NS in BOD mode in Hr. T/F & SAH mode in Day T/F.

SAH mode gets negated above 7486.

Hourly Target 7491.

Weakness returns below Hr. Pivot @ 7458.

Strength continues above Hr Ema @ 7471.

BOD = Buy On Dips

SAH = Sell And Hold.

J.R.Julius said...

If closing below L4 good for bears
if closing above L3 good for bulls
In between close can give gap opening either side.
Based on observations market no need react exactly.
Because every time market not missed to show SHE is supreme.
Bye All....

shriram said...

LL made & reversal on ??

marina s rao said...

NS above HKPC ( Hepta Kilo Penta Cent).

Currently below Day Pivot @ 7523.

NS hovering around 7500.

NS in BAH mode in Hr. T/F & BOD in Day T/F.

Prabhanshu Raman said...

Shri, wat about +ww at 7479?? Its yet to trigger again

Aly said...

I guess market has already replied my query however for my understanding and knowledge would like to understand from EW experts what is the maximum that 'c' can do in an irregular correction

shriram said...

@ Prabha: EOD close > 7480 NS, will trigger the +WW (last 30mins is taken as Hr close)

Note pls, that 1-3-5 1-time whip is often seen in Index WWs, before real rise to 1-4 tgts of 7600-7680.. lets c now

OI DATA tho is Bearish @ 75Strike... may be a deception so close to expiry, eyes on it tomo

Good day everybody !

Prakash said...

Resisted at 50-61.8% for the fall from 7559-7441(7500-7514)

chetas said...

average close running at 7485 levels and increasing,

shriram said...

@ Aly: per prechter's fibo guidelines, C can do =1.618 -2.618 x A, for an Xpanded Flat

raghava said...

Now All Are in Bulls?

chetas said...

average close now at 7490 levels

ITradeForProfit Daily said...

Will struggle to close above DLEma

ITradeForProfit Daily said...

7493.35 .... closed above DLEma.

Cat continues to sit on the wall !!!

Prabhanshu Raman said...

Shri, if you see 60 mins chart, hns was formed and triggered below 7507. The line joining head and right shoulder comes around 7503. Breaching this fast rise?
This was discussed either by S4S or Sam or PT when nifty was around 6638. If you remember at that time +ww and hns was formed abs ww whiped 1 time.

shriram said...

@ Prabha: yes & no to that.. pt1 was not clear in that +WW

Matters aside, mature way to see from trade angle -->
this +WW is triggered, but OTM CE OI is not aligned with it.. since the pattern has triggered @ EOD,
better to wait till tomo 1st1-2 hrs to let price & OI behaviour confirm the pattern & then take the trade

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